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cnbc.com
Nvidia and OpenAI in talks for up to $250 billion dollar backstop to fund AI infrastructure plans
The backstop would let OpenAI raise debt for a data center campus in Pike County, Ohio, on the strength of Nvidia's credit.
cnbc.com
Op-ed: Over 2,000 proposals aim to govern AI. Not a single one addresses a long-term regulatory framework
AI can't be regulated by the invisible hand of the market. We need a comprehensive future-focused regulatory framework.
cnbc.com
Netanyahu, Zelenskyy come to DC for Graham's funeral, meetings with Trump amid wars
The funeral for Sen. Lindsey Graham is bringing world leaders to Washington at a time when many are eager to meet with President Donald Trump amid wars.
theguardian.com
Industrial chicken farming accelerating spread of diarrhoea bacteria, study finds
Intensive nature of modern chicken farming creates ideal conditions for campylobacter, allowing bacteria to evolveIndustrial chicken farming is accelerating the spread of the world’s most common bacterial cause of diarrhoea, scientists have found.The study found a dramatic increase in the exchange of campylobacter strains between wild birds and chickens as farming has intensified, creating the ideal conditions for the bacteria to mix, spread and acquire new traits. There has also been a rise in antimicrobial resistance traits in circulating strains, raising concerns that serious illness in people will be more difficult to treat. Continue reading...
theguardian.com
Mind the ever-growing gap: the Premier League keeps spending big
English clubs have spent more on players this summer than the other four major European leagues combinedThe financial power of the Premier League is unmatched. The teams in England’s top division have collectively invested more than £1.4bn in new players already this summer (through disclosed fees alone), around £303m more than the 76 clubs from the Bundesliga, La Liga, Ligue 1 and Serie A combined.These figures are the gross spend, so take no account of players sold to help balance the books. Factoring this in only increases the divide. The clubs of Ligue 1 and the Bundesliga are £203.4m and £72.2m in credit from their transfer dealings respectively. While La Liga (£163.1m) and Serie A (£124.1m) have spent more than they have earned, they are an ocean adrift of the Premier League’s net spend of £523.6m. Continue reading...
bbc.co.uk
Cracker Barrel chief executive steps down a year after rebrand chaos
Cracker Barrel CEO Julie Masino will exit following customer backlash over modern logo redesign.
cnbc.com
CME launches single stock futures enabling investors to trade SpaceX, Micron and others 23 hours a day
CME Group on Monday launched cash-settled single-stock futures on 55 U.S. equities, along with micro-sized contracts on 22 names.
theguardian.com
Social care in England: how could we pay to fix a ‘broken system’?
Many across the political spectrum agree the system needs fixing – but there is no consensus on how to fund changeThe prime minister, Andy Burnham, has said the adult social care system in England is broken and needs fixing. This is a view commonly shared by policymakers across the political spectrum, though there are sharper differences on how to pay for reform to what is widely seen as an outdated, fragile system held together by “sticking plasters and glue” and propped up by an army of unpaid carers.Burnham previously headed an earlier unsuccessful legislative attempt to reform English adult social care while secretary of state for health in 2010 (it was brought low by Tory claims it would be funded through a “death tax”). He acknowledges it could be a long and costly process but has said he won’t flinch from big policy decisions and is prepared to “expend a lot of political capital” on his ambitions. Continue reading...
cnbc.com
U.S. and Iran pause fighting, Trump dismisses concerns of dwindling stockpiles
A temporary pause to the U.S.-Iran conflict appeared to hold on Monday, after negotiations over a lasting peace faced fresh hurdles over the weekend.
cnbc.com
Amazon seeks federal approval to launch 5,105 satellites for direct-to-device network
The proposed network will partly rely on assets from Globalstar, which Amazon announced plans to acquire in April for roughly $11.6 billion.
theguardian.com
Oil prices fall as US pauses strikes on Iran over strait of Hormuz
Brent crude drops 9% to below $88 a barrel, prompting UK government bond yields to fallOil prices have dropped sharply as traders bet that a pause in US attacks on Iran could prevent an escalation in the conflict that would further restrict global supply.Brent crude, the international benchmark for oil, initially fell 9% to below $88 a barrel on Monday after climbing to $100 last week, when the Iran-aligned Houthis attacked Saudi Arabian oil tankers in the Red Sea. Continue reading...
theguardian.com
Hull funeral director broke families’ trust on ‘almost industrial scale’, court hears
Robert Bush, owner of Legacy Independent Funeral Directors, left bodies ‘rotting away’, family members sayA fraudulent funeral director broke the trust of families on an “almost industrial scale” as their loved ones’ bodies were left “rotting away”, a court has heard.Robert Bush, owner of Legacy Independent Funeral Directors in Hull, appeared at Hull crown court on Monday for a five-day sentencing hearing. He previously pleaded guilty to 67 offences, including 30 counts of preventing lawful and decent burial. Continue reading...
theguardian.com
Cracker Barrel CEO to step down after overseeing logo backlash last year
Julie Masino faced criticism as restaurant chain was called ‘woke’ and ‘soulless’ after unveiling modernized logoCracker Barrel’s CEO, Julie Masino, is stepping down, the restaurant announced on Monday, nearly a year after the company was swept into a political maelstrom over proposed modernizations to its branding.Critics on social media denounced the Tennessee-based rustic restaurant chain as “woke” as well as “sterile and soulless” after it unveiled an updated logo that removed Uncle Herschel, the overall-clad man leaning against a barrel in the restaurant’s original logo, last August. Donald Trump weighed in on the updates soon after, posting: “WTF is wrong with Cracker Barrel?!” and demanding on social media that the company “admit a mistake”. Continue reading...
theguardian.com
Spurs’ plans for new training facility in London park blocked by high court
Judge quashes Enfield council’s decision to grant planning permission for new women’s and girls’ football academyA council’s decision to allow Tottenham Hotspur Football Club to build a new training facility in a park in north London has been quashed by a judge at the high court.The campaign group Guardians of Whitewebbs told a hearing in June that Enfield council’s decision to grant planning permission for a new women’s and girls’ football academy on 6.5 hectares (16 acres) of land in Whitewebbs Park was unlawful. Continue reading...
theguardian.com
Private equity finds soft takeover targets in London – yet again | Nils Pratley
Offer for DCC Energy leaves total of completed or agreed deals within FTSE 100 this year at five, but has Westminster noticed?DCC, one of FTSE 100’s biggest energy firms, agrees £5.75bn takeoverAnd another one goes. Dublin-based DCC Energy is a lower-profile member of the FTSE 100, but they all count. We’re now at five completed or agreed takeovers within London’s leading index this year – and it’s still only July.The subplot at DCC was vocal opposition from a few shareholders who thought the private equity groups KKR and Energy Capital Partners, a unit of Bridgepoint, should be paying more than the £5.75bn, or £65.25 a share, at which the board has rolled over. Fidelity International and Aviva Investors were to the fore, as well as DCC’s founder. Continue reading...
bbc.co.uk
Average income down in real terms, survey says
The results of the 2023/24 Household Expenditure Survey have been published.
theguardian.com
No, Centrica, customers don’t prefer bots to humans | Letter
Charles MacKinnon disagrees with the British Gas owner’s justification for cutting 1,300 jobsAccording to Centrica’s boss, Chris O’Shea, most people using British Gas prefer to talk to a chatbot rather than a person (Customers prefer AI chatbots, says British Gas owner as 1,300 call centre and back office jobs axed, 23 July).He says that 90% of his customers prefer to use digital channels than speak to a person in the first instance, and that the number of customer calls has fallen by 20%. Well, this is hardly surprising, given the difficulty of getting through to a real person. Finding a telephone number to do so is a challenge in itself, and then there are all the layers of numbers and deflections to encourage use of the digital channels while you are kept on hold at your own cost before you can get to an employee. Continue reading...
bbc.co.uk
Cash recovered from ex-Nasa scientist turned scammer
John Burford was jailed in 2025 after taking more than £1m from his victims.
theguardian.com
GB News pundit Matthew Torbitt pleads guilty to fraud while Labour aide
Torbitt admits to two counts of fraud by false representation in relation to his parliamentary expensesA GB News pundit has admitted fraud in relation to his parliamentary expenses when he was a Labour aide.Matthew Torbitt, a prominent political commentator who once described himself as “Britain’s favourite lefty”, pleaded guilty to two counts of fraud by false representation at a hearing at Thames magistrates court on Monday. Continue reading...
bbc.co.uk
Oil price dives as US and Iran pause attacks
The US says attacks on Iran have been halted to give "talks some space", raising hopes of a resolution to the conflict.
cnbc.com
Singapore tightens monetary policy in surprise move as rising oil prices rekindle inflation risk
Unlike most central banks, the MAS manages medium-term price stability by managing the Singapore dollar exchange rate against a trade-weighted basket of currencies.
cnbc.com
Europe wildfire in pictures: Gigantic fire cloud engulfing France, Spain regions
A rare wildfire spreading across France's Bordeaux region and has spread to Western Madrid is fire cloud that can generate its own thunderstorms.
cnbc.com
Chipmaker CXMT’s 466% market debut surge makes it the most valuable China-listed company
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
bbc.co.uk
Businessman and philanthropist Sir Ian Wood dies aged 84
The Aberdeen-based businessman turned his family's boat repair firm into an oil and gas engineering giant.
theguardian.com
Tariffs are Trump’s favorite plaything – and his justifications are absurd | Steven Greenhouse
The president is using forced labor as a pretext to slap tariffs on countries around the worldWith the midterm elections less than four months away, it’s a precarious time for Donald Trump and Republicans: Trump’s war against Iran is going badly, his approval ratings are in the toilet, gas prices are soaring and pushing up inflation, and nation after nation is furious about Trump’s insults, bullying and ugly American unilateralism.So amid all this mess, what does Trump do? He turns to his favorite economic plaything: tariffs. On Monday, Trump signed orders to slap a 50% tariff on many Canadian goods, and four days later, he imposed across-the-board 10% or 12.5% tariffs on goods from more than 80 countries. Trump was no doubt thumping his chest, while millions of people overseas were dumping on him for yet another unnecessary, hostile act. Continue reading...
bbc.co.uk
How wildfires in France and Spain might affect your travel plans
For those who have upcoming holidays to the affected regions, here is what you should know about how it might impact your plans.
cnbc.com
Spain and France wildfires force more than 300,000 to flee as Macron calls crisis meeting
The impact of a gigantic wildfire ravaging France's Bordeaux region and Spain has been like a "clap of thunder" for the local economy, a minister said.
cnbc.com
Why Trump's new tariff blitz is very different this time around
President Trump on Friday launched a fresh round of tariffs targeting 60 trading partners, including the European Union, China and the U.K.
cnbc.com
Here's the tech stock to buy in a market losing patience with tech
It's not the spend, it's the return.
theguardian.com
Boss of startup hacked by rogue OpenAI agent urges ‘radical transparency’ in investigation
Artificial intelligence firm should provide $100m for cyber defences, says Hugging Face CEOThe boss of the startup hacked by an OpenAI agent has called for the investigation into the incident to show “radical transparency”.Clément Delangue, the chief executive of Hugging Face, said the “unprecedented” attack on his business required a similar response. Continue reading...
theguardian.com
AstraZeneca boss urges western drugmakers to move at ‘Chinese speed’
Europe and US risk being outpaced on innovation, as happened in the car industry, warns Pascal SoriotAstraZeneca must operate at “Chinese speed” to ensure it does not suffer the fate of the western automotive industry by losing out to more innovative rivals, the drug company’s boss has said.The FTSE 100 company is watching the rise of China’s pharmaceutical industry closely and collaborating to take drugs to global markets, but its chief executive, Pascal Soriot, said the US and European pharmaceutical sectors must focus on increasing the speed of innovation. Continue reading...
theguardian.com
The US agency that fights workplace discrimination just voted to stop measuring it | Jamil Smith
Republicans have moved to dismantle a 60-year-old demographic reporting system. Now the agency wants to choose what it seesWorkplace discrimination isolates. When a Black manager is passed over for a promotion, or a pregnant worker is quietly sidelined, they are left with a polite excuse and a lingering suspicion. They cannot see the company-wide spreadsheet. They cannot know if others are hitting the same invisible wall. For 60 years, the Equal Employment Opportunity Commission has kept a spreadsheet of its own: an annual demographic snapshot compiled from employer reports. That nationwide record lets the agency see beyond any one complaint.Last Tuesday, however, the EEOC’s Republican majority voted 2–1 to begin dismantling that reporting system. Two days later, the proposal entered the Federal Register, arguing that requiring employers to classify workers by race and sex may itself violate the constitutional guarantee of equal protection. The rule is not final: comments are due on 24 August, and a hearing is set for 11 August. Continue reading...
theguardian.com
US environmental groups urge EPA to reject new Pfas to cool datacenters
Coalition says Chemours downplayed health and climate risks in bid to fast-track the compound’s useA coalition of 17 environmental groups is demanding the Environmental Protection Agency reject a new Pfas that chemical giant Chemours is attempting to fast-track for approval for use in cooling datacenters, and would almost certainly pollute regions around the facilities.In formal comments submitted to the agency, the groups accuse Chemours of using bad science to downplay the chemical’s toxicity and climate risks. Approving Chemours’ application as it is would violate the law, the Earthjustice legal non-profit, a lead author of the comments, wrote. Continue reading...
bbc.co.uk
'I fear for wee families' - home heating oil jumps £100 in three weeks
The Consumer Council for Northern Ireland says the price rise is in direct response to the US-Iran conflict.
cnbc.com
Nvidia, SpaceX, Microsoft launch AI safety initiative as OpenAI cyberattack fallout continues
Microsoft, SpaceX, Palantir, alongside dozens of other tech companies from the U.S. and Europe, have joined the Open Secure AI Alliance.
theguardian.com
DCC, one of FTSE 100’s biggest energy firms, agrees £5.75bn takeover
KKR and Energy Capital Partners poised to buy firm despite misgivings from founder and biggest shareholdersNils Pratley: Private equity finds soft takeover targets in London – yet againOne of the biggest energy businesses listed on the London Stock Exchange has agreed a controversial £5.7bn takeover by private equity, adding to the growing exodus of companies from the UK market.The US private equity groups KKR and Energy Capital Partners are poised to buy DCC Energy after the company’s board recommended the offer despite misgivings from its founder and biggest shareholders. Continue reading...
theguardian.com
PM urged to uphold climate pledges made as mayor and ban new North Sea oil drilling
Experts who helped Burnham draw up Manchester carbon neutral pledge say backtracking would send wrong message amid wildfires and heatwavesLeading climate scientists who created Greater Manchester’s carbon neutral by 2038 commitment are urging Andy Burnham to unequivocally reject new drilling in the North Sea.In a letter to the prime minister they said he, as mayor of Greater Manchester, had unveiled one of the UK’s most ambitious local climate programmes that tackled housing, green growth and public transport. Continue reading...
bbc.co.uk
Chinese chipmaker shares surge nearly 470% in blockbuster stock market debut
The company's shares soared by nearly 470% in its market debut, as the AI boom drives chip demand.
cnbc.com
Cocoa prices are easing. So why is chocolate still so expensive?
Chocolate firms look to win shoppers back with premium products and social media trends after poor weather conditions, tariffs, and the Iran war hit sales.
cnbc.com
Finland’s radical answer to renewable energy’s biggest headache: The world’s largest sand battery
A small Finnish town has turned to the world's largest commercial sand battery to tackle a major hurdle in the energy transition: intermittency.
cnbc.com
India's Gen Z forced Modi to listen, respond and act — exposing chinks in the ruling party's armor
In a rare occurrence, Modi's government was forced to concede demands of Gen Z protesters, underscoring their rising influence in the country's polity.
theguardian.com
Andy Burnham vows to use his ‘political capital’ to fix social care system
PM says that without rapid action the NHS could effectively collapse, in first full interview since entering No 10Andy Burnham has promised to use “whatever political capital I have” to finally fix the crumbling social care system in England, saying that without rapid action the NHS could effectively collapse.In his first full interview since becoming prime minister last week, Burnham said he could not put a timetable on the arrival of a new system for social care but that its creation would take time. Continue reading...
theguardian.com
The Ukrainian startup taking the missile fight deep into Russia
Fire Point makes 100 long-range missiles and thousands of drones a month and is vital to Kyiv’s deep-strike capability, says CEO Iryna TerekhUkraine’s leading arms company is manufacturing about 100 long-range Flamingo cruise missiles a month, a rate able to support an enduring campaign of deep strike against targets hundreds of miles inside Russia.Fire Point is also making FP-1 and FP-2 fixed-wing drones at a rate of “hundreds per day”, according to chief executive Iryna Terekh. Manufacturing at scale is restarting after a pause caused by the delay in signing off €90bn of EU lending to Ukraine. Continue reading...
cnbc.com
CNBC Daily Open: Iran attacks halt and wildfires rage across Europe
Crude prices are sinking as negotiations between Iran and the U.S. replace the tit-for-tat attacks that have dominated the last few weeks.
theguardian.com
I risk losing my livelihood because Nissan failed to repair my car
I’m a self-employed driving instructor and I’m running out of cash to hire a replacement dual-control vehicleMy livelihood as a self-employed driving instructor is under threat owing to Nissan’s failure to repair my leased dual-control car.It has been off the road awaiting a spare part for three months, and I’ve now been told it will take at least a further month to arrive. Continue reading...
theguardian.com
Liberty embraces sewing boom with craft classes as it expands fabrics section
London store also plans bigger haberdashery area, where it will hold autumn workshops for craftersLiberty has more than doubled the size of its fabrics department as it prepares to embrace the social media interest in sewing by hosting crafting classes this autumn.Fabric sales rose 11% last year at the central London department store, which opened near Oxford Circus in 1924, and Liberty is expecting a similar pace of growth this year as crafters are joined by wealthy overseas shoppers who stock up on luxury fabrics to be tailored into bespoke outfits in their home countries. Continue reading...
bbc.co.uk
Will summer discounts make family days out cheaper?
Parents welcome summer discounts but say days out can still cost more than £100.
cnbc.com
New UK Prime Minister Burnham says he would be prepared to call out Trump
Burnham said he had a phone conversation with Trump on Monday when he officially took on the role, describing it as "a good exchange".
theguardian.com
Heathrow expansion would take thousands of jobs from other UK regions, report finds
Airports in England and Wales are likely to lose millions of passengers if third runway goes ahead, DfT economic paper shows Expanding Heathrow airport will take thousands of jobs from other regions of the UK, including almost 10,000 from the West Midlands alone, according to an analysis of the government’s own forecasts.An economic paper published by the Department for Transport last month shows that airports in England and Wales are likely to lose millions of passengers if Heathrow builds a third runway, in a significant blow to regional jobs. Continue reading...
bbc.co.uk
Shein swings to $99m loss as Trump tariffs hit sales
The announcement comes as the fast fashion giant prepares for its stock market debut in Hong Kong.
cnbc.com
China industrial profit growth slows again in June as retreating oil prices sap earnings lift
Corporate earnings have staged one of the strongest turnarounds in the economy this year, swinging from barely positive growth in 2025 to double-digit gains.
theguardian.com
How Palantir got into the NHS - podcast
The investigative journalist Lucas Amin reports on how the tech company Palantir won a £330m contract with the NHS … and what happened once its software was introducedHow did Palantir – sometimes described as ‘the world’s scariest company’ – start working with the NHS?The investigative journalist Lucas Amin shares the findings of his and his colleague Peter Geoghegan’s investigation into the tech company and its relationship with the UK’s public health service – and tells a story of controversial politicians, paid-for political access, and shocking loopholes in UK lobbying regulations. Continue reading...
bbc.co.uk
Would you choose £50,000 over the chance of £1m?
The vast majority of people - particularly women - answer a survey saying they'd take the certainty over chance.
theguardian.com
Rising oil prices could force up UK interest rates, say economists
Bank of England expected to keep rates on hold on Thursday but renewed Iran conflict casts shadow over energy costsThe Bank of England could be forced to tear up its economic forecasts and raise interest rates later this year if oil prices return to above $100 a barrel, according to City economists.Before a meeting of Bank officials on Thursday, economists said that while an interest rate hike would probably be avoided this week there could be some in the future because of conflict in the Middle East. Continue reading...
bbc.co.uk
Water returns to Gatwick Airport after major outage
Gatwick Airport faced a day of disruptions with toilets and restaurants closed to passengers.
cnbc.com
Ukraine strikes Iranian vessels in Caspian Sea, Tehran accuses Kyiv of 'hostile and criminal act'
The latest attacks by Ukraine, combined with Saudi military strikes on Iran-backed Houthi targets in Yemen, represent a widening of the Middle East conflict.
cnbc.com
For Gen X investors, dotcom bubble haunts stock market portfolios closing in on retirement
Many Americans in the 50-55 age range have 10 to 15 work years left, extending 401(k), IRA growth investing, but they can't afford an ill-timed market crash.
cnbc.com
Inside the S&P 500 AI boom, industrials are getting as rich as tech stocks
The industrials sector of the stock market is benefitting from the AI infrastructure boom with its P/E ratio up close to tech levels and investor flows strong.
theguardian.com
Will prediction market ‘catch fire’ in UK, replicating US boom?
World Cup and events like Clacton byelection is driving interest in sites such as Polymarket, with UK gamblers easily able to sidestep regulationWith more plot twists than a spy thriller, Argentina’s 3-2 victory over Egypt was one of the World Cup’s most unpredictable matches.But in one living room in Reading, to the astonishment of his 16-year-old son, a football clairvoyant appeared to know exactly what would happen next. Continue reading...
theguardian.com
Corporate America may be using AI to cut jobs, but small businesses are using it to keep them | Gene Marks
Reports of wide-scale replacement of workers by AI are overblown. Small businesses use it to help workersI recently met the owner of a company that sells windows and doors. He told me he invested about $10,000 in an AI application that is used by his salespeople in his showroom. The application listens to the conversations between the salesperson and the prospective customer and then automatically creates a quote for the salesperson to review and send.“It allows my salespeople to talk to more customers and spend less time doing paperwork,” he said. “And it cuts down on errors.” Continue reading...
theguardian.com
‘Burnham bounce’ risks deflating unless focus remains on struggling households | Richard Partington
UK’s inequalities expose splits in consumer economy, with spending suffering and a decline in savings among the poorestA “Burnham bounce”, sunshine and a strong World Cup run for the England men’s football team. Could this be a turnaround moment for Britain’s struggling consumer economy or yet another false start for the UK’s spluttering growth engine?Last week the data company GfK credited Andy Burnham’s return to Westminster politics for lifting UK consumer confidence at its fastest monthly pace for almost three years in June. Continue reading...
theguardian.com
From the strait of Hormuz to the North Sea, a global maritime war rages around us – and more than the price of oil is at stake | Simon Tisdall
The collapse of the rules-based order is not confined to the land: we’re imperilled as centuries of maritime cooperation sink beneath the wavesThe US military campaign to protect merchant shipping from Iranian attacks by asserting direct maritime control in the strait of Hormuz is not an idea unique to Donald Trump’s administration. Almost exactly 200 years ago, in the period 1825-27, a powerful US naval squadron led by Commodore John Rodgers was sent to the Mediterranean to defend American ships from the depredations of Greek corsairs and pirates.For all the new-minted republic’s brave talk of liberty, the US squadron did not assist Greece’s ongoing “regime change” struggle for independence from the Ottoman empire. Its sole, self-serving purpose was to defend US trade, markets and business interests. After abandoning his call for a people’s revolution in Tehran, this, too, is what Trump’s reckless war with Iran has now boiled down to.Simon Tisdall is a Guardian foreign affairs commentator Continue reading...
theguardian.com
‘We count every litre’: how Cuba’s energy crisis sparked a daily struggle for water
Power cuts not only leave people in the dark but leave taps dry, forcing millions of Cubans to spend their days fetching water any way they canIn the cramped kitchen of her flat in Havana’s Chinatown, Mirella Martínez pushes an old metal trolley stacked with empty jerrycans. Wiping the sweat from her forehead, she fans herself gently. “It’s so hot!” she says, as the electric fans remain still due to another power outage that has left her flat sweltering in near darkness for hours.Mirella Martínez’s flat in Havana has been without running water for nearly three years Continue reading...
theguardian.com
‘Weekday games were amazing’: pubs toast extra £150m in World Cup sales
England’s progress provides best football-related uplift of recent years, with one pub too packed to host its Dolly Parton tributeLate opening hours and England’s progress to the semi-final of an expanded World Cup helped provide the best football-related uplift of recent years for pubs, figures suggest.Pubs poured 30m extra pints over the course of the tournament compared with a normal trading period, with busy pumps delivering £150m in added sales, according to the British Beer & Pubs Association (BBPA). Continue reading...
theguardian.com
‘I never thought I’d fall for a scam’: the fake Spotify emails that put you at risk of fraud
Criminals send victims to a cloned site that collects login, personal and payment detailsYou have had a Spotify account for years and your credit card is linked for the monthly payments. When an email arrives telling you that your payment couldn’t be processed you are not surprised as the expiry date on the card is soon.“We encountered an issue while processing your recent payment,” it says. “To keep your access active and avoid interruption, please review and update your information.” Continue reading...
bbc.co.uk
Primark's new 'supermarket tactic' to woo customers in online price war
Competition from ultra-cheap Chinese retailers and the cost of living crisis could be putting some people off shopping at the store, analysts say.
bbc.co.uk
Rental searches for pet friendly properties drop after law change
Agents say some renters wrongly believe permission to have a pet is guaranteed.
bbc.co.uk
Money Box
What might the new team at the top of government mean for your money?
cnbc.com
Trump sued hours after new tariffs take effect, as experts say they may not hold up
President Donald Trump has renewed a flurry of tariffs, including slapping 25% duties on Brazilian imports and vowing 50% tariffs on goods from Canada.
cnbc.com
From Silicon Valley to DC, the tech world is suddenly obsessed with one concept in AI: Distillation
Distillation has long been a topic for AI wonks, but it's become a hot-button issue of late as techies and lawmakers debate how it should be regulated.
theguardian.com
Can Japan avoid a Liz Truss-style shock as its PM embarks on a giant spending spree?
Sanae Takaichi’s blueprint to inject £1.7tn and double economic growth leaves many investors fearfulInternational investors are asking where Japan’s prime minister will find the ¥370tn (£1.7tn) of extra cash that she wants to invest in 17 industrial sectors by 2040.Such is the scale of spending by Sanae Takaichi’s coalition government that many in her own party fear she is about to blow up the Japanese economy, triggering a Liz Truss-style economic shock. Continue reading...
cnbc.com
Analysis: A powerful new coalition of AI skeptics is coalescing right in Trump's blind spot
Evangelicals, labor unions and anti-AI-data-center activists are part of a groundswell worrying about how fast technology is changing.
theguardian.com
‘I’m over the moon’: New York’s small business owners rejoice as Mamdani cuts red tape
Initiatives including cutting permits just to serve ice-cream amount to a sweeping program of deregulationRed Scare? The democratic socialist mayor of New York City spent this week talking about red tape.On Tuesday, Zohran Mamdani – the politician at the center of a revived rightwing panic about socialists and purported communists winning elections across America - posted a video on X of himself putting a sheet of paper with the phrase “RED TAPE” into a paper shredder. Other pieces of paper, with phrases such as “cumbersome fees and fines” and “a permit you need just to serve ice-cream”, were shredded too. The video, set to Wu Tang Clan’s If Time Is Money, shows Mamdani joining a handful of city officials and small business owners throwing the resulting paper shreds into the air like confetti. Continue reading...
theguardian.com
Summer holiday car hire: drive a great deal and avoid hidden fees
Unclear terms and expensive extras can turn what seemed like a cheap rental into a costly oneIt is not too late to get a good deal on your holiday car rental, even if you have booked already and are travelling soon. But there are many pitfalls to avoid so that you do not end up paying over the odds.A survey from Which? found that one in eight people who had hired a car in the past two years had ended up paying more than they were first quoted. Continue reading...
bbc.co.uk
Warning shot or publicity stunt - how worried should we be about the OpenAI hack?
Hugging Face said the hack was done at superhuman speed by an AI with little or no human guidance.
cnbc.com
Nvidia locks down memory supply from SK Hynix as part of $500 billion AI deal
Nvidia is aggressively securing supply of high-bandwidth memory, an essential component for its GPUs and systems.
theguardian.com
UK savings deals: the heat is on as banks offer up to 8%
Don’t delay in taking advantage of the competition that is pushing up interest rates and increasing choice, experts sayIt is shaping up to be a decent summer for savers as fierce competition among providers pushes up interest rates and increases choice.You can currently get instant- and easy-access accounts that pay up to 5% interest, and fixed-rate savings bonds that pay almost that much. Meanwhile, those looking for a regular savings account can now get up to 8%. Continue reading...
bbc.co.uk
Long overdue, life-changing or frivolous? Your thoughts on wedding rule changes
The government wants to relax wedding laws so couples can get married almost anywhere.
bbc.co.uk
ADHD has rewired the workplace. This is what it means for bosses and workers
As ADHD diagnoses have risen, have workplaces caught up with the needs of the workforce?
bbc.co.uk
Paramount and Warner Bros pause $110bn merger amid legal challenge
Until a judge reaches a final verdict – or until 1 June 2027 – the Hollywood studios will remain completely separate, competing operations.
bbc.co.uk
Trump vows to investigate EU over fining of US tech companies
The US president says fines against Google, as well as Apple, Meta and Amazon, should be "entirely reversed."
cnbc.com
Trump threatens EU with 'substantial TARIFF' for 'ROBBING' U.S. tech giants
Trump on Truth Social railed against the European Union's new fine on Google and prior penalties against U.S. tech giants Apple, Meta and Amazon.
theguardian.com
‘It’s not fair’: cafe owners frustrated over exclusion from business rates cut
Business owners in England say prioritising venues selling alcohol leaves vital community spaces behind Ferdinand Geus is proud of the positive, global impact his small speciality coffee business is having.“Around 3,000 small, family-owned farms in Yemen rely on us – we’ve persuaded many to stop growing khat, the drug, and start growing coffee instead,” said the business manager of Sheba Coffee, which supplies Yemeni coffee beans to independent cafes across the world, including the UK. Continue reading...
theguardian.com
Andy Burnham opens No 10 North in Manchester – video
The prime minister opened a new government base in Manchester, called No 10 North, intended to signal a shift away from what he said had been decades of economic decision-making centred in London. Heron House is temporarily accommodating No 10 North while a brownfield site just outside the city is being developed where it is expected to relocate permanentlyUK politics live – latest updates Continue reading...
bbc.co.uk
Faisal Islam: The UK's Trump trade deal no longer looks world-beating
While the US tariffs imposed on the UK are effectively unchanged, other countries now have a better deal.
bbc.co.uk
We split money equally even when one of us earned a lot more
Hannah and Max continued to pool finances after Max was made redundant but took "drastic measures" to cut spending.
bbc.co.uk
Watch: Another day, more Trump tariffs - but are they working?
The BBC's Samira Hussain explains how President Trump's tariffs affect US economy, who pays the price, and whether they're working.
bbc.co.uk
UK mortgage rates rise to highest level for a month
Renewed tensions in the Middle East feed through to the costs faced by lenders, pushing up borrowing costs.
theguardian.com
Trump gifts Saudi Arabia a nuclear win | Politics Weekly America
Donald Trump has announced a landmark nuclear deal with Saudi Arabia while pressing ahead with efforts to stop Tehran from developing a nuclear weapon. What’s driving Trump’s new agreement with Riyadh? And how is it likely to be received at home and across the Gulf?Jonathan Freedland speaks to Robert Jimison, who covers Congress for the New York Times with a focus on defence and foreign policy, about what the agreement contains, why it matters and the political challenges it could face Continue reading...
theguardian.com
Homes with grand designs for sale in England and Scotland – in pictures
From an intricate bronze-like townhouse in Manchester to a sculptural property in the Essex countryside Continue reading...
bbc.co.uk
How much money do you give for a wedding gift?
You've been invited by the happy couple, but they've asked for cash - not presents. North Londoners tell us what they would do.
bbc.co.uk
UK complacent about war threat, warns BAE boss
The threat of attack has never been higher, the boss of Europe's biggest defence contractor has warned. Dr Charles Woodburn
bbc.co.uk
Business Daily
What tech earnings reveal about AI investment and Donald Trump's tariff talks
cnbc.com
Russia’s Amazon-style retail giant Wildberries is now in Ukraine’s crosshairs. Here's why
Ukraine has ratcheted up its attacks on Russia's Amazon-style retail giant, Wildberries, signaling a new phase in the war.
theguardian.com
Gary Lineker calls for Burnham to introduce wealth tax - The Latest
Millionaires including former footballer Gary Lineker are asking Andy Burnham to tax their wealth more. More than 100 wealthy Brits have signed an open letter to the prime minister, saying: ‘We want you to tax us. We can afford it.’ So should the government introduce a wealth tax? And why is the idea getting more popular? Nosheen Iqbal speaks to columnist and senior economics commentator Aditya Chakrabortty Continue reading...
bbc.co.uk
What about cuts for cafes and hotels?
The new PM has announced at 20% business rate cut for pubs, clubs and live music venues in England,
bbc.co.uk
What we know about 20% cut to some business rates
Pubs, clubs and live music venues in England will get a 20% cut in business rates from April.
cnbc.com
These Japanese AI winners don’t make chips. They make toilets, glass fiber and seasoning
A toilet maker, a glass fiber manufacturer and the maker of MSG have in Japan have become major beneficiaries of the AI boom.
cnbc.com
Sony’s 'ironic' PlayStation disc decision upends gamer conventions and threatens a $7 billion resale market
In 2013, Sony tweaked Xbox by showing how easy it was to share a PlayStation disc. Now, gamers say Sony has become exactly what it mocked.
bbc.co.uk
The 20-somethings betting big on tech stocks
The BBC hears from people about the risks and rewards of investing in technology shares.
bbc.co.uk
This farmer wanted to quit the cocaine industry - he couldn't
Colombians who grow cocaine's raw material bemoan a lack of support to help them switch crops.
bbc.co.uk
Is tracking your food purchases good for your health?
Food tracking apps are popular, but are they a good way to make us eat a healthier diet?
bbc.co.uk
New era for Gibraltar with removal of 118-year-old border controls with Spain
It is hoped that free movement between the UK territory and Spain will provide an economic boost.
bbc.co.uk
Wealthy AI workers send San Francisco house prices soaring
The median cost of a home in the city is now $1.7m, a record high, according to the latest figures.
bbc.co.uk
Robots available for rent: But what can they do?
Robotics tech is changing fast, so for many it makes sense to rent a robot.
bbc.co.uk
AI is 'not smart' so what's next in artificial intelligence?
Leading AI researcher Yan LeCun has a start-up which is developing a more flexible AI system.
bbc.co.uk
Why is crucial tech vulnerable to the heat?
Energy grids and train services are among the vital services that are vulnerable to very hot weather.
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.co.uk
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
bbc.co.uk
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
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